Artificial Intelligence advances have been happening so rapidly, it’s often hard to keep up. If it seems like every industry and company is jumping on the bandwagon, that’s because they are. Realtor.com’s latest foray into AI is very exciting, allowing home seekers to input information about their dream home while the program works to find similar homes for sale in the market.
The data captured when people use the tool gives us insight into what potential home buyers are seeking when shopping for a new home. Using the data captured from Realtor.com, here are the four most common items people want in a home.
Wide, open spaces
Whether buyers are searching for an expansive backyard or an open living/dining combo, the searches conducted on this newly released tool have found that 17% of searches included the words “big” or “large,” indicating that wide open spaces are high on the wish list.
Modern is key
The word modern was also very popular in terms of wishlists, as buyers hunt for modern farmhouse homes, homes with a modern design aesthetic or mid-century modern houses. Homes marketed with the word modern tend to be very desirable and most often are listed for twice the average selling price of homes nationally.
A front porch is desirable
The pandemic resulted in many people seeking outdoor spaces to relax, and that trend has carried over to today. While the trend made homes with backyard entertaining spaces very popular, it’s now apparent that home seekers are also looking for an expansive front porch, as well. A place to chat with neighbors, catch up with a good friend or read a book, a front porch often adds significant character to a home and increases resale value.
The desire to bring the outdoors in has long been a trend with homeowners, and we’re now seeing that home buyers are specifically searching for homes with large windows. Natural light is seen as very positive among buyers and homeowners alike, warming up cold spaces and making a home appear more cozy. Having expansive windows leading to an outdoor entertaining area is also very enticing as the desire to have an expansive indoor-outdoor experience continues to grow.
What are you looking for in a home? Have questions or have a particular home in mind? Contact a Howard Hanna agent today.
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